LearnLaunch Accelerator Announces New Round of Edtech Investments

LearnLaunch Accelerator, a leading edtech startup program in the U.S.A., has announced its latest round of investments. It has also named the four edtech companies it has selected for its Breakthrough Program, to improve learning and teaching.

Since its inception in 2013, LearnLaunch Accelearator has invested in about 60 edtech companies. It has helped them in developing growth strategies.

“The edtech industry is undergoing unprecedented growth. This change is visible in deeper understanding and appetite for technology solutions coming from education practitioners, larger investment rounds, and world-wide edtech funding surpassing?$8B?in 2018. It’s important now, more than ever, for companies looking to participate in this market to tighten their entry, growth, and scaling strategies. It’s challenges like these that our program is designed to support companies through.”

Jean Hammond, Co-Founder and General Partner at LearnLaunch Accelerator

“Our milestone-based funding model helps companies set clear development targets and stay razor-focused on achieving those goals throughout and following the program. We are humbled by the quality of applicants we received this year and are eager to deliver a highly personalized experience for each.”

Tetyana Astashkina, General Partner at LearnLaunch Accelerator.

The Breakthrough program is a 5-week intensive program, where the chosen revenue-stage companies get support through LearnLaunch’s mentors, partners, and follow-on funders to be ready to scale in the market.

This time’s chosen four for the program are:

1. CognaLearn from Singapore – It offers patent-pending Team-Based Learning methods and technology to replace lectures.
2. Indigo from Boulder, the – It offers a Social and Emotional Learning dashboard of personal skills, traits, and motivators for use by teachers, staff, students and parents. It helps K-12 and Higher Ed students stay engaged and be career-ready.
3. Inscribe from Denver, Colorado – It’s a community and AI-based Q&A platform, which helps students find answers, resources and individuals they need to succeed.
4. Skillist from San Francisco, California?&?Boston, Massachusetts – It’s a skill-based job search platforms, where companies can discover their future employees as per skills sets of employees.

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Author: Team Edutech Post – The Edutech Post team offers news and reviews on edtech products for learners, parents, educators and edtech businesses. Their aim is to assist in making education accessible to all with the help of technology.